(Reuters) -Private equity firm Bain Capital will acquire government and business consulting firm Guidehouse in a deal valued at $5.3 billion, the companies said on Monday.
Mergers and acquisitions in the United States showed a rebound in volumes in the third quarter, giving hopes to dealmakers of a sustained recovery even as macroeconomic pressures persist.
Guidehouse advises government organizations such as the Department of Defense, Homeland Security as well as numerous state and local governments and businesses.
(Reporting by Devika Nair and Pritam Biswas in Bengaluru; Editing by Savio D’Souza)
